Does Bitcoin price affect ICOs

[manggis97]

I think  Bitcoin price also make effect with ICO because when the price of BTC on bearish, many investor and trader also on loss and they does not have budget to make invest in ICO.  but this thing only make small effect,  the bigger effect for ICO market is regulation. Because when regulation come in to ICO market so a trillion dollar of new money also will come in to this market.

[cryptolidus]

BTC influences the ICO on positive and negative way depending on it`s price. As Bitcoin price correlates with other alts. all ICO s are affected. It is a problem when market declining as ICOs lasts for several months and it can happen that the raised funds value become  less at the end of ICO if BTC price decrease.

[Cremiopel]

Obviously, the cost relies upon BTC specifically. You could see it just from December 2017 till now when the entire market took after BTC developments. Ethereum is generally utilized for ICO's, and there is nothing that the financial specialist can do if the cost of Ethereum goes down.

[Open4lies]

There is no denying that Bitcoin rates affect altcoins and ICOs on the cryptocurrency market. Each time the exchange rate increases, ICOs will almost be reduced in exchange rates so most ICOs will issue tokens at low BTC rates and fall in exchange rates because the fear of rising BTC will affect the potential of Token.

[Stormyblue]

I have been wondering how directly and indirectly fluctuations in the price of bitcoin affects ICOs performance at that time. Anyone who knows this can assist in the explanation.

If the market volume of Bitcoin and Cryptos in general goes up it attracts a lot of investors. If more investors are attracted they will try to diversify by investing in ICOs as well.
Since if the price if Bitcoin is falling, a lot of people are drawn away form cryptos and this affect ICOs.

[rotonda]

Of course, the prices for ICO depend on bitcoin. In any case, 80 percent of ICO depend on bitcoin because  Bitcoin is the progenitor of all ICO.

[thenameisjay]

I have been wondering how directly and indirectly fluctuations in the price of bitcoin affects ICOs performance at that time. Anyone who knows this can assist in the explanation.

Sometimes. It matters to bitcoin pricing specially if the trading volume of that token during token sale of the ICO is massive in terms of volume. If that happens,  most of the time, bitcoin pricing skews out of proportion or sometimes spikes very high.

[ipanks]

we can see that bitcoin price affect the ICO price and many of them get down too. I see that in the market, the ICO price after it's launch getting drop by 50% than the ICO price and it's really hard to increase high when bitcoin price is down. the ICO needs to adjust their price with ethereum as their base network so if ethereum can increase higher then the ICO price will follow too. this will affect too for ethereum when bitcoin price increase higher so ethereum can follow to increase.

[gioangelofelix]

I don't know much about this but I think bitcoin price fluctuations will directly affect ICOs, so to say, the bitcoin value increases, the icos value will increase with and vice versa.
Every step of the way involves the risk, you should carefully study your plan before making a decision

[chenhaonan]

Yes, this is for sure. The price of Bitcoin not only affects ICO, but the price of Bitcoin directly affects the entire cryptocurrency market, so when the price of Bitcoin is high, ICO is the best time to trade on the exchange.

[mia khalifa]

I think the bitcoin price when down will make the price of some cryptocurrency down and when it goes down you can become an investor in ico and you can get double the profit when the bitcoin price goes up again and lucky you get in when the price goes down.

[Xeyumol]

Bitcoin bigly affects all the ICOs on the grounds that the cost of bitcoin will be the premise of how much each cost per token,especially now that bitcoin value drop excessively so all the token costs presently will likewise tumbles down so for every one of the financial specialists who need to put resources into an ICOs don't take a gander at the cost of every token you ought to be sufficiently brilliant to win each speculation that you do.

[Otorofo]

I have asked this question more than once, I tried to find the answer and the connection between bitcoins and altcoins . but at the moment all the searches were unsuccessful

[bapetdik]

Yes I think so. Bitcoin prices certainly affect ico. In this case if the bitcoin price rises or slumps of course it will affect how many investors will invest. Investors will definitely see the effect of the price of bitcoin as well. That's my opinion.

[Txtlkvoe]

bitcoin is the most important coin, looking at it, other altcoins begin to repeat the behavior of prices ... why is this happening I do not know

[KopiItem]

I have been wondering how directly and indirectly fluctuations in the price of bitcoin affects ICOs performance at that time. Anyone who knows this can assist in the explanation.

Exactly price of bitcoin can affects ICOs. Due to if in the market fluctuation of bitcoin falling down , it will bring all altcoin decrease too.. Bitcoin is the most important coin in cryptocurrency world. And if bitcoin raise, for sure it will also make investor enthusiast to trading.

[EmJay]

I have been wondering how directly and indirectly fluctuations in the price of bitcoin affects ICOs performance at that time. Anyone who knows this can assist in the explanation.

Yes, I think it affects the the ICOs performance because bitcoin is the baseline of altcoins in trading.  The fall of bitcoin as I observe is also the fall of altcoins. So maybe there is more explanation with that but I think bitcoin is connected to all alts.

[Cult]

I have been wondering how directly and indirectly fluctuations in the price of bitcoin affects ICOs performance at that time. Anyone who knows this can assist in the explanation.

Yes, I think it affects the the ICOs performance because bitcoin is the baseline of altcoins in trading.  The fall of bitcoin as I observe is also the fall of altcoins. So maybe there is more explanation with that but I think bitcoin is connected to all alts.

Indeed. We can see it quite clearly now that due to the depression on the market a lot of ICOs are in a standby mode and postpone their listing on exchanges as they are afraid of their token's rate falling dramatically.

[Ayobami99]

I have been wondering how directly and indirectly fluctuations in the price of bitcoin affects ICOs performance at that time. Anyone who knows this can assist in the explanation.

Well i will say yes,  because many of these altcoins are linked directly or indirectly with btc, most have pairs with btc in exchanges, so when btc rises, the pairs also rise... And vice versa...

[Joriecoinbit]

I have been wondering how directly and indirectly fluctuations in the price of bitcoin affects ICOs performance at that time. Anyone who knows this can assist in the explanation.

Well i will say yes,  because many of these altcoins are linked directly or indirectly with btc, most have pairs with btc in exchanges, so when btc rises, the pairs also rise... And vice versa...

Yes, ICO are affected right now because the prices of ethereum encountered dump in which the are also depend on bitcoin price ,bitcoin is the major coin here in crypto if it decreases all ICO or coins also affected.